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Lumax Industries Limited manufactures, trades in, and supplies auto components for two and three wheelers, four wheelers, commercial and passenger vehicles, and tractors/farm equipment in India and internationally. The company offers automotive lighting systems, including head and rear/tail lamps, LED lamps, and sundry and other auxiliary lamps. It serves automotive original equipment manufacturers. Lumax Industries Limited was founded in 1945 and is based in Gurugram, India.

Lumax Industries Dividend Announcement

Lumax Industries announced a semi annually dividend of ₹35.00 per ordinary share which will be made payable on 2024-10-27. Ex dividend date: 2024-09-09
Lumax Industries annual dividend for 2024 was ₹35.00
Lumax Industries annual dividend for 2023 was ₹54.00
Lumax Industries's trailing twelve-month (TTM) dividend yield is 1.46%
Lumax Industries's dividend growth over the last five years (2018-2023) was 18.61% year
Lumax Industries's dividend growth over the last ten years (2013-2023) was 28.21% year

Lumax Industries Dividend History

Ex-Div dateDividend amountDividend typePay date
2024-09-09₹35.00semi annually2024-10-27
2023-08-10₹27.00semi annually2023-09-20
2023-08-07₹27.00semi annually
2022-07-08₹13.50semi annually2022-08-20
2021-08-20₹7.00semi annually2021-09-30
2020-08-20₹6.00semi annually2020-09-25
2020-03-24₹17.50semi annually2020-04-13
2019-08-14₹35.00semi annually2019-09-22
2018-07-09₹23.00semi annually2018-08-17
2017-07-13₹14.50semi annually2017-08-21
2016-03-17₹12.00semi annually2016-09-07
2015-08-10₹5.50semi annually2015-09-08
2014-08-13₹3.50semi annually2014-09-21
2013-07-25₹4.50semi annually2013-09-05

Lumax Industries Dividend per year

Lumax Industries Dividend growth

Lumax Industries Dividend Yield

Lumax Industries current trailing twelve-month (TTM) dividend yield is 1.46%. Interested in purchasing Lumax Industries stock? Use our calculator to estimate your expected dividend yield:

Lumax Industries Financial Ratios

P/E ratio18.04
PEG ratio1.08
P/B ratio3.22
ROE18.75%
Payout ratio0.00%
Current ratio0.79
Quick ratio0.45
Cash Ratio0.02

Lumax Industries Dividend FAQ

How much is the next Lumax Industries dividend?
Lumax Industries's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Lumax Industries dividend. The next Lumax Industries dividend will be released in August, or August.
When is Lumax Industries dividend paid?
Lumax Industries pays dividends on a semi annually basis. The specific dates may vary each year but are generally around August, and August. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Lumax Industries pay?
The specific amount of Lumax Industries dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lumax Industries's dividend history.
Does Lumax Industries stock pay dividends?
Yes, Lumax Industries does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Lumax Industries's dividend history.
How much dividend does Lumax Industries pay?
Lumax Industries paid ₹35.0 in 2024, ₹54.0 in 2023, ₹13.5 in 2022, ₹7.0 in 2021, and ₹23.5 in 2020.
How often does Lumax Industries pay dividends?
Lumax Industries typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around August, and August.
What is Lumax Industries's dividend yield?
The current dividend yield for Lumax Industries is 1.46%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Lumax Industries's exact dividend yield.
When does Lumax Industries go ex dividend?
Lumax Industries's ex-dividend date for the latest dividend was on 2024-09-09. Lumax Industries typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Lumax Industries dividend paid?
Lumax Industries pays dividends on a semi annually basis, typically around August, or August, but the exact dates can vary each year.
Will Lumax Industries increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Lumax Industries will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Lumax Industries dividend per share?
Lumax Industries paid ₹35.0 per share in 2024 and ₹54.0 per share in 2023. The amount of dividend per share that Lumax Industries pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Lumax Industries a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Lumax Industries a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Lumax Industries a dividend stock?
Yes, Lumax Industries is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Lumax Industries a good dividend stock?
Whether Lumax Industries is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Lumax Industries has a history of paying regular dividends, which can make it attractive to income-focused investors.

Other factors to consider when evaluating Lumax Industries as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does Lumax Industries pay dividends monthly?
Lumax Industries typically pays dividends on a semi annually basis.
Does Lumax Industries pay dividends quarterly?
Lumax Industries currently pays dividends on a semi annually basis.
Has Lumax Industries ever paid a dividend?
Yes, Lumax Industries has a history of paying dividends to its shareholders. Lumax Industries is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Lumax Industries dividend stocks?
To buy Lumax Industries you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.

Place an order: Use the brokerage's trading platform to place an order to buy Lumax Industries stock.

Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Lumax Industries pay dividends 2024?
Lumax Industries pays dividends on a semi annually basis. 2024 dividend payments are in 2024-10-27. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Lumax Industries increase its dividend in 2024?
Decisions regarding Lumax Industries dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Lumax Industries dividend overview you can look into the above table of dividend history.
How Lumax Industries dividend works?
The Lumax Industries dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Lumax Industries's dividend process works:

1. Determination of Dividend: Lumax Industries's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.

2. Dividend Declaration: Once the board approves a dividend, Lumax Industries publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.

3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.

4. Payment Date: On the designated payment date, Lumax Industries distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.

5. Tax Implications: Dividends received from Lumax Industries are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are Lumax Industries dividends paid?
Lumax Industries dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:

1. Record Date: Lumax Industries sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.

2. Payment Date: On the designated payment date, Lumax Industries distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.

3. Currency: Lumax Industries declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does Lumax Industries pay dividends?
Lumax Industries typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Lumax Industries pay dividends?
The general pattern is that Lumax Industries pays dividends around August, and August. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Lumax Industries dividend safe?
The safety of Lumax Industries's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.

To assess the safety of Lumax Industries's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.

It is recommended to review Lumax Industries's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.